MyRealTrip Selects Mirae Asset Securities as Lead Underwriter for IPO

Aiming to Become the First Listed Company in the Domestic OTA Industry

MyRealTrip announced on November 25 that it has selected Mirae Asset Securities as the lead underwriter and Samsung Securities as the co-underwriter for its initial public offering (IPO).

With these appointments, MyRealTrip is set to begin full-scale preparations for its IPO, aiming to become the first company in the domestic online travel agency (OTA) industry to go public. Since its establishment in 2012, MyRealTrip has provided a one-stop service for all aspects of travel, including flights, accommodations, tours, and activities.

MyRealTrip logo. MyRealTrip

Currently, the company has accumulated 10 million members, with 5 million monthly active users (MAU). This year, the annual transaction volume is projected to reach 2.3 trillion won, a 45% increase from the previous year, and revenue is expected to exceed 110 billion won. In line with the spread of K-trends, MyRealTrip plans to introduce inbound services and offer customized products and a convenient booking environment to international tourists visiting Korea, thereby expanding its global customer base.

Lee Donggeon, CEO of MyRealTrip, stated, "With the selection of the lead and co-underwriters, we will systematically prepare for our IPO. Based on our technological capabilities and service competitiveness, we will strengthen our position in both the domestic and international travel markets and strive to achieve sustainable growth."

This content was produced with the assistance of AI translation services.